Real estate in Xiangjiang is picking up. Land is of great concern to every real estate company, especially the annual auction held by the Xiangjiang government. Most of the big guys present have real estate companies in their hands. They are very concerned about the upcoming auction and the auction.
The plot of land is of particular concern.
Since 1976, the market has gradually increased, and every land auction is no less than a battle. In order to avoid internal friction among Chinese capital and ensure that everyone can keep their guns open to the outside world, the role of the Chamber of Commerce has emerged.
In these years, the Chamber of Commerce has always served as a communication platform for Chinese-owned families. Everyone communicates privately before the auction to determine their respective goals, thereby avoiding price gouging at the auction.
However, as Wheelock and Wharf were acquired by Li Jianhui and Charter King, British-owned real estate began to decline, Chinese-owned real estate gradually rose, and internal struggles and disagreements within chambers of commerce became more and more serious.
Especially among the leading real estate companies, competition is fierce, and they all hope to get high-quality land in their hands.
Li Jianhui and Zhang Guangwen became onlookers at this time. Wheelock Group has no plans to acquire land except for the land in its own hands. The same is true for Guanghua Construction.
This year, the two companies will try their best to finish the projects in hand. Next year, they will go all out to enter Tseung Kwan O and jointly build a new city with Xinhui Real Estate Company.
As for the Hong Kong Island and Kowloon markets, Li Jianhui does not want to participate. He is too lazy to compete with these big guys. When the development of Tseung Kwan O is completed, Wheelock Properties will focus on RB.
Seeing that neither Li Jianhui nor Zhang Guangwen said anything, Li Guobao asked specifically: "Jianhui, the government has offered a lot of good land this time, especially in Causeway Bay, Tsim Sha Tsui, and Mong Kok. Are you interested in taking one?
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"Brother Guo Bao, Wheelock Group has no plans to expand this year. In terms of land, Wheelock will mainly focus on Tseung Kwan O and Tin Shui Wai this year. The land prices in these places are relatively cheap. As for the urban areas, they will still be given to Hang Lung, Cheung Kong, and Henderson.
Let’s wait for a strong company to compete.”
Li Jianhui will also take advantage of the current opportunity to buy more land, but he will not pay high prices for urban areas. Instead, he will choose to buy areas that have not yet been developed much, such as Tin Shui Wai and Tseung Kwan O.
After the funds are in place next year, he will enter the urban area to acquire a number of corporate factories covering large areas. By then, these lands can be converted into commercial uses.
As for buying from the auction, Li Jianhui never thought about it. The cost of investment would be too high and it was quite uneconomical.
Li Guobao saw that Li Jianhui was really not very interested in this auction, so he didn't mention it further.
However, he mentally remembered Li Jianhui's focus on Tseung Kwan O and Tin Shui Wai, and he considered whether Chinese Real Estate would also acquire some land in these places.
Especially in the Tseung Kwan O area, the Jockey Club and the government have completed the preliminary work for the Hong Kong Polytechnic University and are currently inviting bids. The construction period is planned to be two years, and the first batch of students will be welcomed in the autumn of 1981.
With this university here and the nearly 10,000 employees at Huihong Industrial Park owned by Li Jianhui, development there is just around the corner.
This real estate auction is destined to have more wolves than meat. Li Guobao did not expect to be able to get a few popular land parcels. He thought it would be more practical to learn from Li Jianhui.
Although the popularity of remote areas is not as high as that of urban areas, and subsequent sales may face some difficulties, it is very easy to obtain land, and the price is very low. The rate of return may not be as high as that of urban areas, but there is no need to be so laborious, and you can also cooperate with other big players.
Make enemies.
Fortunately, the Xiangjiang British-owned consortium headed by Jardine Matheson is still relatively strong, and the battles among the major Chinese-owned real estate tycoons are still within a certain range.
After nearly an hour of debate and communication, the main plots of land were divided, and everyone had their own goals.
As for whether they can win their target, it is still uncertain. After all, Jardine Land, Swire Properties, and Hutchison Whampoa are not vegetarians. They will not let Chinese real estate companies take over the auction land.
After the meeting ended, Li Jianhui specifically expressed his gratitude to Huo Yingdong and others. After all, it was these people who helped him join this time. Even though he actually didn't care about it at all, it was their kindness after all.
"Li Sheng, I know that you have lofty aspirations. The shallow water of Xiangjiang cannot support a dragon like you. I only hope that you can take Xiangjiang as your root in the future and, if your ability allows, you can help Xiangjiang and this country as much as possible."
From the moment Li Jianhui took control of Wheelock, Huo Yingdong knew that he and others had underestimated this young man after all.
Through these days of investigation, they finally found some clues. Li Jianhui's second sister, Li Chunmei, often visited a company called Lanfeng Investment.
The strength of this company is quite astonishing, with three funds controlling 1.5 billion pounds. It is rumored that it has a close cooperative relationship with the Duke of Belford family in England.
Among them, the current Duke John Russell invested 200 million pounds in a fund owned by Blue Maple Investment Company.
In addition, many British aristocrats invest in several major funds to preserve the value of their assets.
The annual return rate of 12% is quite attractive to these aristocratic families, especially those whose own business talents are not strong.
This also made Lanfeng Investment Company a star in the British aristocratic circle. Its general manager Zhou Pengfei and deputy general manager Li Chunmei became famous in the upper class circles of England.
After their careful investigation, Huo Yingdong soon understood that the controller behind this company was Li Jianhui, which could also explain where Li Jianhui's funds in the battle for Wheelock Group came from.
MacLehose's actions in Hong Kong and the turmoil caused by Blue Maple Investment Company in London all indicate that Li Jianhui's relationship with him is getting closer and closer.
There are even rumors that the British royal family is preparing to canonize Lord Li Jianhui to show that Britain attaches great importance to him.
This is not even a noble title, but it is of great significance. In addition to the four major families, the Chinese in Hong Kong were awarded the title of Lord in 1976.
At least it can be seen from this that the British top management has ranked Li Jianhui with the four major families and the chartering king. This is not a simple juxtaposition of wealth, but also includes influence.
He is not worried about charter king Huo Yingdong. He knows that his heart is still biased towards the mainland and he still remembers that he is still a member of the descendants of Yan and Huang.
But Li Jianhui, who was working more and more closely with Ying Lun, couldn't see clearly. Without making his position clear, they still adopted a co-optation attitude for the time being, but their attention to him was once again raised to a higher level.
Not just Li Jianhui, but also his brothers and sisters, and even his fiancée’s family.
They didn't want to be like this time, only to find out later that Li Jianhui had quietly established such an influential company in England and established friendly relations with the British high-level circles when something happened.
"Huo Sheng, please rest assured. I have always said that I am a conscientious businessman and I know very well what I can and cannot do.
And I personally am very optimistic about the future development of mainland China, and I am not willing to give up on the market with more than one billion people."
Li Jianhui knows that some things cannot be concealed forever, especially when he currently has few available personnel. As long as someone is interested in investigating, it will be difficult for him to clear up the relationship.
He also expressed his understanding of some of the worries and concerns there. After he enters Pengcheng with funds next year, he believes that the concerns from the higher authorities will not be as big as they are now.